Intrapreneurs and Corporate Innovation Teams

The term “intrapreneurs” describes employees of a corporation tasked with behaving like an entrepreneur while working within a large organization. Sounds difficult? It is if you desire to create a stand-alone entity meant to serve an entire industry and...

Growth and Scaling—The Difference

Recently, a new business owner asked: “How do I scale a new business?”Here’s our answer to that:A brand new business shouldn’t focus on scaling just yet. It’s only once you have some traction, growth, and product-market fit should you focus on...

Startup Founders: Are You Walking Blindfolded?

Startup founders:  Are you walking blindfolded into the startup world?  Once a business idea comes, many people take off with it.  The excitement and potential success of it consume them and additional ideas start to flow.  Maybe a friend, classmate, or family member...

3 Reasons NOT to Give Your Innovation Away for Free

Value Your ProductIf your product provides value to customers, this post is meant for you so that you’ll stop undervaluing your creation (and yourself). Below are the Top 3 reasons you should not give your product away for free, particularly if you are trying to...

Practice Getting Customers

Interviewing potential customers is a major component of building a startup from an idea. Startups are all about finding customers, not building and pushing something you’ve dreamed up. It’s important that you are providing a solution to someone’s problem–a problem...

Let’s Grab Some Coffee

“Hey friend!  Let’s grab some coffee next week.  How’s Wednesday morning?”Maybe it stops at “Let’s grab some coffee?” and the ending is not included, but you soon find out the part about “…to pick your brain” once you get to Starbucks.How many...

How to Get Your Customer’s Attention

The internet streets are busy.  It’s hard to get anyone’s attention unless you really have something they want or are specifically searching for.  Just imagine Times Square in New York City times a million—that’s the internet.  That’s why...

Are Business Plans Out of Style?

What is a Business Plan? Business plans can be defined as: a document, usually 10-20 pages long, that describes the opportunity, product, context, strategy, team, required resources, financial forecasts and expected returns of a business venture. Are Business Plans...

Chasing the Carrot–Who Got Funded?

Who got funded? This question is so popular these days so much that there are entire websites and platforms that will give you the details about who got funded by who, how much, when, other companies they’ve funded and so on.  Who would’ve thought that would be a...

Tough Decisions – Hiring and Firing

Seeking the right people for your business is an ongoing challenge for any business, no matter the size.  But when you’re just starting out and especially if you’re a small business, you have to be nimble and quick.  If you realize someone is just not working out, you...

Begin With The End In Mind

Although many don’t like this phrase, it’s one to consider:”Begin with the end in mind.”What this means in the world of business is:”What is your exit plan?””What are you seeking to get out of this business when it’s all...